Top 12 Up and Coming Companies in The Middle East – 2018

Top 12 up and coming companies

This list has companies that have proven to have sustainable business models, raised significant amounts of capital and delivered growth to their investors. One of these companies could well be the next big thing to come out of the Middle East

imageRankStartupDescriptionFoundersFundinginvestorsCountryFounded
1MumzworldOnline e-commerce platform for Mother, Baby and Child itemsMona Ataya, Leena Khalil$40 MWamda, Swicorp, Precinct Capital, WSB Holding, Riverbank Technologies, GII, Saned, Endeavour, and othersU.A.E.2011
2AnghamiMusic streaming platformElie Habib, Eddy Maroun$29 MMEVP, MBC, Samena, Mobily, DuLebanon2011
3The Luxury ClosetMarketplace for pre-owned designer labelsKunal Kapoor$ 18.7 MMEVP, Wamda Capital, Precinct Partners, Tech Invest Com, Equitrust, TwoFour54 Abu Dhabi, Dubai Silicon Oasis Authority, Angel InvestorsU.A.E.2011
4AYM CommerceE-commerce developerMajed M Al Tahan$ 16 MU.A.E.2016
5YamsaferOnline hotel bookingFaris Zaher, Sameh Alfar and Seri Abdelhadi$10 MGlobal Founders Capital, Sadara Ventures, othersPalestine2011
6ArabiaWeatherWeather forecasting technologyMohammed Al-Shaker, Ehab Al Shurafa$8.2 MJabbar Internet Group, DASH Ventures, Silicon Badia, Wamda Capital, othersJordan2011
7MadfooatComElectronic bill presentment and payment serviceNasser Saleh$7.8 MEtihad Bank, Capital Bank, Cairo Amman Bank, APIC, Oasis500, 2P and AlSulmi companyJordan2011
8Noqoush Mobile Media GroupMobile media and data monetizationWael Quader, Mahmoud Iswiad, Shorhabel Ghoneim, Shadi Mari$3.1 MAngel InvestorsU.A.E.2011
9Energy24Alternative Energy storage and generatorAntoine Saab, Nadia Moussouni$3 MLeap VenturesLebanon2011
10Edfa3lyFacilitates online ordering and shipping of U.S. merchandiseMohamed Attya, Mohamed Hisham, Ahmed Mohamed$2.5 M500 Startups, Ace&company, Endure Capital, Hits, Tamkeen, Angel InvestorsEgypt2011
11MERITOnline gifts, rewards and engagement technologies platformJulie Leblan$ 1.55 MGCC InvestorsU.A.E.2011
12Quick TicketsOnline booking platformTejinder SinghU.A.E.2013